Coldstream Capital Management Inc. Increases Stock Position in The Estée Lauder Companies Inc. (NYSE:EL)

Coldstream Capital Management Inc. lifted its holdings in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 11.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,209 shares of the company’s stock after acquiring an additional 437 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Estée Lauder Companies were worth $615,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the business. Cullen Frost Bankers Inc. increased its holdings in Estée Lauder Companies by 0.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock worth $2,440,000 after acquiring an additional 76 shares during the period. Concord Wealth Partners increased its holdings in shares of Estée Lauder Companies by 9.1% in the 4th quarter. Concord Wealth Partners now owns 1,173 shares of the company’s stock worth $172,000 after buying an additional 98 shares during the last quarter. Beese Fulmer Investment Management Inc. increased its holdings in shares of Estée Lauder Companies by 6.8% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 1,560 shares of the company’s stock worth $228,000 after buying an additional 100 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in shares of Estée Lauder Companies by 6.4% in the 3rd quarter. Belpointe Asset Management LLC now owns 1,773 shares of the company’s stock worth $256,000 after buying an additional 106 shares during the last quarter. Finally, Insigneo Advisory Services LLC increased its holdings in shares of Estée Lauder Companies by 8.1% in the 3rd quarter. Insigneo Advisory Services LLC now owns 1,533 shares of the company’s stock worth $222,000 after buying an additional 115 shares during the last quarter. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on EL. StockNews.com raised shares of Estée Lauder Companies from a “sell” rating to a “hold” rating in a report on Thursday, May 2nd. Citigroup raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and increased their target price for the company from $160.00 to $175.00 in a report on Tuesday, April 2nd. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Estée Lauder Companies from $160.00 to $159.00 in a report on Wednesday, May 1st. Bank of America raised shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and increased their target price for the company from $160.00 to $170.00 in a report on Thursday, March 28th. Finally, DA Davidson reaffirmed a “buy” rating and set a $191.00 target price on shares of Estée Lauder Companies in a report on Monday, April 22nd. Sixteen research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $160.92.

Estée Lauder Companies Trading Down 1.4 %

NYSE:EL opened at $130.81 on Thursday. The company has a 50-day moving average price of $141.58 and a 200-day moving average price of $138.54. The Estée Lauder Companies Inc. has a 12 month low of $102.22 and a 12 month high of $204.41. The company has a current ratio of 1.58, a quick ratio of 1.15 and a debt-to-equity ratio of 1.26. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of 73.49, a P/E/G ratio of 3.63 and a beta of 1.07.

Estée Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, May 1st. The company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.48 by $0.49. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same period last year, the company posted $0.47 EPS. Equities analysts predict that The Estée Lauder Companies Inc. will post 2.22 EPS for the current year.

Estée Lauder Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Friday, May 31st will be paid a $0.66 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.64 annualized dividend and a dividend yield of 2.02%. Estée Lauder Companies’s payout ratio is 148.32%.

Insider Buying and Selling

In related news, CFO Tracey Thomas Travis sold 14,493 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the transaction, the chief financial officer now directly owns 47,248 shares in the company, valued at approximately $6,412,971.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 12.77% of the stock is owned by company insiders.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.